GST 1.5% on affordable, 7.5% non-affordable apartments. Commercial 18%. Construction ITC restricted except plant & machinery.
Case-Laws
GST
GST rates on supply of affordable and non-affordable residential apartments in a real estate project (REP) are 1.5% and 7.5% respectively, while commercial apartments attract 18% GST. A promoter can supply affordable and non-affordable apartments conjointly, subject to prescribed conditions. For construction of commercial apartments in a REP other t
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